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Dealer meet of Chemlube Ltd

A get together function of Dealers of Chemlube Ltd. – MAK Lubricants for Bangladesh was held on Monday, December 8, 2014 at 6:30 PM at Hotel Sharina, Banani, Dhaka arranged by the Chemlube Ltd. Chemlube Ltd. is the sole distributor of MAK Lubricants in Bangladesh a product of Bharat Petroleum Corporation Ltd., India. 2014 12 07 Press Release - DEALER MEET FOR CHEMLUBE LTD. IMG_5251The Executive Director of MAK Lubricants of Bharat Pe...

Ecnec okays 2 projects for 4 lac new power connections  

The Executive Committee of the National Economic Council (ECNEC) yesterday approved the expansion of two rural electrification projects aimed at providing power connections for some four lakh new clients. The electrification projects will cover 11 districts in Barisal and Khulna Divisions, which would require a total cost of Taka 1,834 crore. The districts are Jhalkati, Patuakhali, Pirojpur, Bagerhat, Jessore, Jhenidah, Khulna, Kushtia, Magura, Meherpur and Satkhira. ecnecThe approval came from an ECNEC meeting held at the NEC conference room...

Germany’s BMW appoints new chief from 2015  

German top-of-the-range carmaker BMW announced a shake-up at its helm Tuesday, appointing a new chief executive and proposing a new head of the supervisory board. Current head of production Harald Krueger, 49, will take over as BMW's chief executive in May, the company said in a statement. bmwHe will replace Norbert Reithofer, who has held the position since 2006 and will be put forward for election to the supervisory board at the 2015 annual general meeting, it added. The supervisory board supports Reithofer then for election as its chairman. ...

AIBL ATM Booth at Kawranbazar in city

Al-Arafah Islami Bank Ltd (AIBL) has opened an ATM Booth at Kawranbazar, Dhaka on 9 December 2014. Managing Director of the Bank Md. Habibur Rahman inaugurated the new booth as Chief Guest. Director Alhajj Abdul Malek was present as special guest. 20141209- AIBL ATM Press ReleaseAmong others Senior Vice President & Head of AIBL Dhaka North Zone Manir Ahmad, Senior Vice Presidents Engr. Md. Habib Ullah, Md. Manzur Hasan and Assistant Vice President Jalal Ahmed were present in the opening ceremo...

Exports to US shrink by 6pc in July-Nov  

Bangladesh-rmg-workerA file photo shows employees are busy in a garment factory in Dhaka. The country’s export earnings from the US market posted negative growth in the first five months of the current financial year 2014-15 while export to China and India registered a modest growth in the period. — New Age photo A file photo shows employees are busy in a garment factory in Dhaka. The country’s export earnings from the US market posted negative growth in the first five months of the current financial year 2014-15 whil...

Inflation hits two-year low

Inflation continued its fall in November, coming down to 6.21 percent—the lowest in 24 months. The inflation rate, which has been showing a downward trend for the last several months, was 6.60 percent in October. In October 2012, inflation was 5.16 percent, which rose to 6.55 percent in November the same year. Food inflation was the biggest driver behind the drop in overall inflation last month, sliding to 6.44 percent from 7.16 percent in October, according to the Bangladesh Bureau of Statistics (BBS) data. inflation-hitsNon-f...
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